§ 5-417. Contracts, agreements and securities on account of raffling,\nvoid. All contracts, agreements and securities given, made or executed,\nfor or on account of any raffle, or distribution of money, goods or\nthings in action, for the payment of any money, or other valuable thing,\nin consideration of a chance in such raffle or distribution, or for the\ndelivery of any money, goods or things in action, so raffled for, or\nagreed to be distributed as aforesaid, shall be utterly void.\n
N.Y. Gen. Oblig. Law § 5-417
Contracts, agreements and securities on account of raffling, void
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.